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Boralma, VIC 3682
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$980,000
Median Unit
$405,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Boralma
Boralma has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Boralma market and investor summary
In Boralma, VIC 3682, the median house sells for around $980K. At 6.2% vacancy, it is a softer rental market with more choice for tenants.
Demand is softer at 6.2% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Boralma: people, income and schools
About 79 people live in Boralma, a number that has held fairly steady over five years. At a median age of 47, it reads as skewed a little older, and 100% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $78,000 a year (about $1,510 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 12.5 times local household income, so affordability is a genuine constraint on local buyers.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 79
- +3% over 5yr
- Median age
- 47 years
- Median household income
- $78,000/yr
- Households renting
- 8%
- Family households
- 68%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 3.0%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Boralma
No properties currently listed in Boralma
Search Boralma listings →Frequently asked questions about Boralma
What should I check before investing in Boralma?
Boralma has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Boralma?
The median property price in Boralma, VIC 3682 is $980K for houses.
How tight is the rental market in Boralma?
The current vacancy rate in Boralma is 6.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Boralma?
Boralma has a population of approximately 79 residents, with a median age of 47.
Is Boralma affordable to buy in?
A median house in Boralma costs about 12.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Boralma's population growing?
The population of Boralma has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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